Venture Global LNG Fights Back, Says It Did Not Violate Contracts
Venture Global’s Calcasieu Pass LNG export facility recently received Federal Energy Regulatory Committee (FERC) authorization to place the final three liquefaction blocks (7-9) into service (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for 18 months but are not officially in commercial service, even though the facility has shipped over 200 cargoes! Venture Global claims it’s still working out the kinks. Venture’s contracted customers are frustrated that they aren’t getting any shipments and have sued (see Repsol Joins Shell, BP in Suing Venture Global for Missed LNG). In recent interviews, Venture Global CEO Mike Sabel challenged those claims, stating the contracts don’t force him to sell to them. Talk about chutzpah!
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In May, the PHMSA issued a proposed new rule that would slap onerous and very expensive new requirements on pretty much all natural gas pipelines in the country, including 2.7 million miles of gas transmission, distribution, and gathering pipelines; 400+ underground natural gas storage facilities; and 165 liquefied natural gas facilities (see 
Each year, the Oil & Gas Journal updates oil and natural gas reserves by each O&G-producing country. It’s a fascinating look at where the biggest (and smallest) oil and gas supplies exist on the planet. Would it surprise you to learn that three other countries have more (far more) natural gas reserves than we have here in the U.S.? Perhaps even more startling, There are eight countries with more oil reserves than the U.S. Unfortunately, most of the countries with larger supplies are enemies of the U.S.
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In May, MDN told you that since taking office in January, Pennsylvania Gov. Josh Shapiro has been a major dud — someone who doesn’t know how to lead (see 
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